MMATQ (Meta Materials) Pretax Margin %: -229.46% (As of Mar. 2024)


MMATQ Meta Materials Inc MMATQ
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What is Meta Materials Pretax Margin %?

Meta Materials MMATQ -99.00% 12 Pretax Margin % is -229.46% as of Mar. 2024. GuruFocus rates MMATQ with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meta Materials's Pre-Tax Income for the three months ended in Mar. 2024 was $-7.51 Mil. Meta Materials's Revenue for the three months ended in Mar. 2024 was $3.27 Mil. Therefore, Meta Materials's pretax margin for the quarter that ended in Mar. 2024 was -229.46%.

The historical rank and industry rank for Meta Materials's Pretax Margin % or its related term are showing as below:


MMATQ's Pretax Margin % is not ranked *
in the Hardware industry.
Industry Median: 3.575
* Ranked among companies with meaningful Pretax Margin % only.

Meta Materials  (OTCPK:MMATQ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Meta Materials Pretax Margin % Related Terms

Meta Materials Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Meta Materials's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meta Materials Pretax Margin % Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-945.57 -1,052.14 -2,249.55 -832.71 -5,041.12

Meta Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,343.13 -14,488.97 -421.73 -3,403.40 -229.46

MMATQ vs APH, TEL, GLW: Pretax Margin % Comparison

For the Electronic Components subindustry, Meta Materials's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Meta Materials Pretax Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Meta Materials's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Meta Materials's Pretax Margin % falls into.


MMATQ
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Meta Materials Inc MMATQ
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meta Materials Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Meta Materials's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-401.576/7.966
=-5,041.12 %

Meta Materials's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-7.508/3.272
=-229.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -229.46% mean?
Meta Materials (MMATQ) has a Pretax Margin % of -229.46% as of Mar. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meta Materials and its competitors.
Is Meta Materials' Pretax Margin % too high?
Meta Materials' current Pretax Margin % is -229.46%. Overall, Meta Materials has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meta Materials' Pretax Margin % compare to APH and TEL?
Meta Materials' Pretax Margin % of -229.46% can be compared against companies in the Hardware industry. The industry median Pretax Margin % is 3.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Meta Materials and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meta Materials's current Pretax Margin % is -229.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meta Materials stock overvalued right now?
Meta Materials (MMATQ) has a current Pretax Margin % of -229.46%. The current Pretax Margin % is -229.46%. Meta Materials' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Meta Materials (MMATQ), the current Pretax Margin % is -229.46% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meta Materials Business Description

Address 60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance across a range of applications by inventing, designing, developing, and manufacturing sustainable, functional materials. Its extensive technology platform enables brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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